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Countless Facebook users have been sharing photos of their high school graduations in solidarity with this year’s senior class, which is completing its final year at home because of the coronavirus crisis. But a report from the Better Business Bureau, a nonprofit consumer advocacy and market research organization, says that crooks can social engineer sensitive …
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Dr. Anthony Fauci, head of the National Institute for Allergy and Infectious Diseases, on Tuesday warned against attempting to reopen shuttered businesses by May. “I’ll guarantee you, once you start pulling back there will be infections. It’s how you deal with the infections that’s going count,” Fauci told the Associated Press. Fauci said the U.S. …
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The International Monetary Fund on Tuesday predicted the global economy will see the deepest recession since the Great Depression due to the coronavirus pandemic. The IMF has projected that the global economy will shrink by 3 percent in terms of GDP. By comparison, during the Great Recession of 2008-2009 the global economy shrank by 0.075 …
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OPEC members and Russia agreed on Sunday to oil production cuts to stem free-falling prices caused by a trade war between Russia and Saudi Arabia. The agreement will cut worldwide output by 10 million barrels per day, amounting to one tenth of the global supply of oil. U.S. senators have sharply criticized Saudi Arabia over …
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Walmart’s China branch announced at an investment conference hosted by the Wuhan city government on Wednesday that it was committing 3 billion yuan ($425 million) to expand its presence in the origin point of the coronavirus pandemic over the next five years. According to Walmart China, the company will be putting up at least four …
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The Federal Reserve on Thursday unveiled $2.3 trillion new loans to support the economy during the coronavirus crisis. The loan program aims to help businesses, households and state and local governments facing a cash crunch as large parts of the economy have been shut down. “Our country’s highest priority must be to address this public …
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More than six million Americans filed jobless claims last week, the second highest number of initial unemployment claims filed in one week since the Department of Labor began tracking the data in 1967. Over 16 million Americans have lost their jobs over the past three weeks as states have closed businesses and implemented social-distancing measures …
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On Wednesday, World Trade Organization chief Roberto Azevedo warned of a massive global recession following the coronavirus pandemic. “As we face what may well be the deepest economic recession or downturn of our lifetimes, we should aim to make the most of all potential drivers of sustainable growth to reverse this situation,” Azevedo said during …
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Lisa Vanderpump is heartbroken over the toll that the coronavirus has taken on her businesses. The restauranteur and reality star, 59, owns four establishments in Los Angeles, Villa Blanca, SUR, PUMP and TomTom. She runs TomTom alongside “Vanderpump Rules” cast members Tom Schwartz and Tom Sandoval. “It’s been devastating,” Vanderpump told Andy Cohen on Tuesday …
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Dear John: Thank you! You have provided our church with some good news in the midst of this pandemic. I cannot adequately put into words our gratitude to you. One week ago today, I wrote you a brief email outlining the $60,000 fraud our church experienced on our US Bank checking account. Within six hours …
Countless Facebook users have been sharing photos of their high school graduations in solidarity with this year’s senior class, which is completing its final year at home because of the coronavirus crisis. But a report from the Better Business Bureau, a nonprofit consumer advocacy and market research organization, says that crooks can social engineer sensitive …
